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Oct 14, 2012
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he cut taxes 19 times. he was at the top for education for the kids in his state. we know he has a record that he can bring to the rost of the country and we know he is a leader and not a politician and that's what we need in america. [applause] then look at paul ryan and you look at biden, oh my god. you know you sit there and you look at how intelligent and professional and what a respectful human being pool ryan was being during that and giving good information and good facts and all you could do is look at vice president biden and think what is so funny in reference to the security of our nation, what is so funny about making promises and not following through with a single one of them. do you remember president obama said he was going to cut -- he was going to cut the deficit in half during his first four years. did he do that? no, e he didn't. he said he was going to address immigration during his first year. he hasn't even touched it until the last few weeks in order to do a political gain playing with the his panics in this country only because it's time to
he cut taxes 19 times. he was at the top for education for the kids in his state. we know he has a record that he can bring to the rost of the country and we know he is a leader and not a politician and that's what we need in america. [applause] then look at paul ryan and you look at biden, oh my god. you know you sit there and you look at how intelligent and professional and what a respectful human being pool ryan was being during that and giving good information and good facts and all you...
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Oct 7, 2012
10/12
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>> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been ". ." we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> what did you think, jonathan? >> you talk to a lot of folks in the romney campaign and they say joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say the last 10 years, and it came out wrong. this is fodder for the obama campaign. it will not change, i do not think, in a huge way, the course of events, buthere is no question the obama campaign folk
>> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes?...
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Oct 8, 2012
10/12
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FOXNEWS
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i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in new york and the taxes were high you could move to florida or move here. with globalization and everything -- >> why don't you move to florida. we have golf courses in miami. >> i have a lot of great properties in florida. i just -- >> the minute you walk you hed florida. >> i love new york. i stick with new york. it's a great place.
i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another...
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Oct 6, 2012
10/12
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would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you even described. talk about the deficit, our current budget, but you never say how you will eliminate $16 billion of the national debt. even tom coburn, one of your heroes, from oklahoma, says we have to raise revenue. we have to cut spending. we have to balance our budget. that is not liberal, that is not conservative, it is just the truth. >> i will make a point that in that entire answer, mr. sadler did not disagree with me once that there is not a single texan who currently pays income tax that he is willing to rule out raising taxes on. i've asked to three times that question, and you have yet to give an answer. >> hold on, what about the question of revenue? he
would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you even described. talk about the deficit, our current budget, but you never say how you will eliminate $16...
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Oct 12, 2012
10/12
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the continuation of the bush tax cuts, we argued those tax cuts for the wealthy should be allowed to expire. of those, 800 million billion dollars of that goes to people making car minimum of $1 billion. we see no justification in these economic times, they are not asking for this continued tax cut, but my friends are insisting on it. if 120,000 families, by continuing that tax cuts, will get an additional $500 billion in tax relief over the next 10 years and their income is an average of $8 million. we want to expend the middle class tax cut permanently. these guys will not allow us to. in the senate we say let's have a vote on middle-class tax cuts and the upper class tax cut and let's vote on it. >> our entire premise of the tax reform plans is to grow the economy and create jobs. it's a plan estimated to create 7 million jobs. we think that the government taking a 28% of a family or business. income is business president obama thinks the government ought to be able to take as much as 44.8% of a small business's income. if you tax every person and successful small business making
the continuation of the bush tax cuts, we argued those tax cuts for the wealthy should be allowed to expire. of those, 800 million billion dollars of that goes to people making car minimum of $1 billion. we see no justification in these economic times, they are not asking for this continued tax cut, but my friends are insisting on it. if 120,000 families, by continuing that tax cuts, will get an additional $500 billion in tax relief over the next 10 years and their income is an average of $8...
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Oct 6, 2012
10/12
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battles all over the country about bashes vouchers, the tax credit, but not just catholic schools, but other kinds of religious schools and proliferation of different schools and also charter schools have variation intensive public schools because charter schools are indeed public schools. but that element, i think, gives rise -- i think that's the overall trend that i should be kept on. there is another trend come you have that upward line. the money down the line of special concern to me into the church that i work for. and that is the decline of catholic schools in urban centers, basically as catholics moved more to suburbs. a trend going on for a long time. the massive structure earlier in the century as being, i do want to say abandoned, but deluded as catholics. those institutions have now, what are they call it, for 20 years or so have been hanging in the in order to serve the broader community, not just the catholic students. that is becoming economically more and more difficult and i think parental choice in education is one of the things that can help arrest the trend. see th
battles all over the country about bashes vouchers, the tax credit, but not just catholic schools, but other kinds of religious schools and proliferation of different schools and also charter schools have variation intensive public schools because charter schools are indeed public schools. but that element, i think, gives rise -- i think that's the overall trend that i should be kept on. there is another trend come you have that upward line. the money down the line of special concern to me into...
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Oct 10, 2012
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he says we pay state taxes, federal sacksess, property taxes, sale and use taxes. workers compensation taxes and unemployment taxes i have to hire an entire department to manage all the taxes. i guess even the people who help manage the taxes will probably still have their jobs either way. what do you think about that matt? >> if you take care of taxes and regulations your jobs will probably be booming in the next couple of years in obama is reelected. siegel makes a good point. what he points out is the fact that we are are paying so much in taxes there is a lot of uncertainty going forward that we may be paying more. the united states has the highest corporate rate in the world. if we're going to be taxes them through obama care, another route or higher regulations what is an owner supposed to to do? if that ownre of a company whether it be a billion dollar company or a company with one hundred employees, if you're making less money you're going to have less employees. if you have less employees that means that is one more person out of work. every person that is
he says we pay state taxes, federal sacksess, property taxes, sale and use taxes. workers compensation taxes and unemployment taxes i have to hire an entire department to manage all the taxes. i guess even the people who help manage the taxes will probably still have their jobs either way. what do you think about that matt? >> if you take care of taxes and regulations your jobs will probably be booming in the next couple of years in obama is reelected. siegel makes a good point. what he...
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Oct 10, 2012
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. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to trash the reporter that paul ryan walked out of that interview on. the campaign given on the record quotes calling the reporter an embarrassment. the city where that reporter works and where that interview took place does have the worst violent crime rate in the nation. so that line of questioning here for mr. ryan was understandable. maybe even predictable. but beyond the newsworthiness of paul ryan getting up and taking off his microphone and ending the interview and beyond the newsworthiness of the campaign going after this reporter, there was what that reporter was ab
. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to...
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Oct 6, 2012
10/12
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we have significant features of the individual income tax, corporate income tax, the estate tax, and apparel text which expire at the end of the year. in a deep sense, we don't know what our tax code is anymore. it would be nice if we emerged on the far side of the fiscal cliff with our leaders could get us back to a situation where we actually know what the tax code is. >> thank you. our next speaker -- speaker will be bob greenstein. >> there are two risks here. the obvious risk to the economy in the short term -- if we go over the fiscal cliff and the aggregate demand comes out of the economy that we will have a relatively mild recession in the first part of 2013 and we would be back and recovery by the second half of 2013. it would be a recession on top of where we are and that is not good. the bigger risk is the rest to the economy in the long term if we keep kicking the can down the road. how do we think about this? there's an interesting report that came out several months ago from the carlyle group. i want to briefly read what it includes. it says there will be a grand bargai
we have significant features of the individual income tax, corporate income tax, the estate tax, and apparel text which expire at the end of the year. in a deep sense, we don't know what our tax code is anymore. it would be nice if we emerged on the far side of the fiscal cliff with our leaders could get us back to a situation where we actually know what the tax code is. >> thank you. our next speaker -- speaker will be bob greenstein. >> there are two risks here. the obvious risk...
SFGTV2: San Francisco Government Television
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Oct 6, 2012
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how do you run a modern state with tax cuts? we resort to desperate, back last november, we were asked to vote to make four indian casinos in san diego county pony up money. i thought this was a joke. they voted to do it. now, the governor proposes to borrow against future revenues. how did they deal with these social problems when the economic problems were far worse than what we can imagine today? this is from larry halprin's. and it has these quotes from roosevelt on the wall. he said in one of his talks to the people, "the test is not whether we have more, it is whether we provide enough for those who have too little". it's a different philosophy than that which we have become used to. what i am going to show you is a lost civilization. it's a strange place. and yet, it becomes oddly familiar after a while because we built it and use it every day without knowing it. it has been buried. the living new deal project is like an archaeological dig. we are going after the new deal in california, but hope to extend throughout the u
how do you run a modern state with tax cuts? we resort to desperate, back last november, we were asked to vote to make four indian casinos in san diego county pony up money. i thought this was a joke. they voted to do it. now, the governor proposes to borrow against future revenues. how did they deal with these social problems when the economic problems were far worse than what we can imagine today? this is from larry halprin's. and it has these quotes from roosevelt on the wall. he said in one...
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Oct 6, 2012
10/12
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we are going to help the working guy defeat the flat tax. i think obama said in his interview on reddit that he would pursue a constitutional amendment. he is saying, i will go door-to- door on this and i will make this our rallying cry across the country as a way to get support for my side. you could win people over by that. you could say, these guys are getting taking care of because they used to be -- this election is a little different, but it used to be, just the last two cycles, that was the bipartisan cry, right? that is what john mccain ran on to a large extent in 2008. i will get the powers that be in washington to reject special interest in washington. there is our real interest for one party to take this on and use it as a way of mobilizing. >> at the same time as the bipartisan ground has disappeared, it has become a much bigger issue among democrats. not only on the ground. senator feingold was a little bit -- you know, in many ways, that was a miracle. it was quite a political miracle. the democrats controlled congress until 20
we are going to help the working guy defeat the flat tax. i think obama said in his interview on reddit that he would pursue a constitutional amendment. he is saying, i will go door-to- door on this and i will make this our rallying cry across the country as a way to get support for my side. you could win people over by that. you could say, these guys are getting taking care of because they used to be -- this election is a little different, but it used to be, just the last two cycles, that was...
SFGTV2: San Francisco Government Television
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Oct 6, 2012
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this is not tax deductible. we do not care. and they rebuilt some houses. the problem with most people is they could not even teardown their homes. but this is the burning man twist. i love telling this story. being who they were, the culture, at the end of each day, the landscape was strewn with debris. you have to seeing the pictures. they gather up the debris, at night, they turn it into a bonfire. that is part of our culture. then locals started to come around and one woman said, i have never seen anything like this. i have never seen anything like this, but i like it. pretty soon, they were making art. fema is not going to do that for you. and that was just a spontaneous effort. now it has expanded around the world. this came out of burning man, this wild, crazy party. >> let us start over here with a question. >> i would like to ask a question about dpw. the people that build infrastructure. i want to know why they do not get workers' comp when they are injured. >> of course they do. who told you they did not? >> my friends who work for dpw. they did
this is not tax deductible. we do not care. and they rebuilt some houses. the problem with most people is they could not even teardown their homes. but this is the burning man twist. i love telling this story. being who they were, the culture, at the end of each day, the landscape was strewn with debris. you have to seeing the pictures. they gather up the debris, at night, they turn it into a bonfire. that is part of our culture. then locals started to come around and one woman said, i have...
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Oct 6, 2012
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additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close some corporate loopholes. i want to be honest with people. we can't eliminate this deficit. people have heard that over and over and over in four years. we cannot do it. we're in too deep a hole. but we can cut the deficit in half and move this country back on a path to fiscal responsibility. >> 90 seconds, mr. vice president. >> the kerry record on taxes is one basically of voting for a large number of tax increases, 98 times in the united states senate. there's a fundamental philosophical difference here between the president and myself, who believe we ought to let the american people keep more
additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close...
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Oct 6, 2012
10/12
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wealthy huge new tax breaks? because according to experts, he would have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how could we ever trust him here? >> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with the job figures today. because it's clearly good news for barack obama politically if nothing else. >> not only the numbers today but the revisions for the last two months. we seem to really be on a trajectory and you know, this is going -- apparently what really matters is not the economy for the year but the economy at the moment as people approach the election. people are beginning to vote. >> the good news for barack obama there. not so good news his performance at the debate. common consensus is a bit of a turkey. >> he blew it. >> wh
wealthy huge new tax breaks? because according to experts, he would have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how could we ever trust him here? >> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with...
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Oct 10, 2012
10/12
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. >> these are people who pay no income tax. 47% of people pay no income tax. so our message of low taxes doesn't connect. he'll be out there talking for tax cuts of the rich. so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. >> so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. krystal ball, i don't know. that sounds to me like it's a description of how he would be as president. so my job is not to worry about those people? >> well, he may have contempt for you, but that doesn't mean he's going to act like he has contempt for you when he's president. obviously, when he was in that particular room, he was telling the people in that room that that's exactly who he would be as president. and i think what we see from mitt romney is who he is and what he says is all dependent on the expediencies of the moment. if we had a president romney, he would mostly be held hostage by a republi
. >> these are people who pay no income tax. 47% of people pay no income tax. so our message of low taxes doesn't connect. he'll be out there talking for tax cuts of the rich. so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. >> so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. krystal ball, i don't...
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Oct 11, 2012
10/12
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even romney's taxes. because they feel inside the ryan camp it is of course going to be the kind of thing that vice president biden comes at him with because president obama got so much, flak, especially from democrats for not using some of his best arguments in there. >> they're expegting it this time around. back to anderson. >> actually, you're sending it back to me, soledad, but i want to thank dana for the excellent rk she just did. when i spoke with mitt romney earlier in the week, he tried to lower expectations for his running mates performance as for joe biden, his son, beau, is talking about his dad's plan to stay discipline ed tonight. stand by for cnn exclusive interviews. first though, this debate flashback. >>> you're the one that was making a comparison -- >> in 1988, during the campaign, quyale had been saying he had as much experience as jack kennedy did, so he was primed for that. >> senator, i served with jack kennedy. i knew jack kennedy. jack kennedy was a friend of mine. senator, you'
even romney's taxes. because they feel inside the ryan camp it is of course going to be the kind of thing that vice president biden comes at him with because president obama got so much, flak, especially from democrats for not using some of his best arguments in there. >> they're expegting it this time around. back to anderson. >> actually, you're sending it back to me, soledad, but i want to thank dana for the excellent rk she just did. when i spoke with mitt romney earlier in the...
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Oct 6, 2012
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who pays taxes ought to get tax relief. a of my plan is in place the wealthiest americans will pay a higher percentage of taxes than they do today and the poorest of americans, 6 million families, 7 million people won't pay any tax at all. >> notice the slight of hands. the wealthiest americans will pay a higher percentage of taxes than they do today. not a higher percentage of their income in taxes since that would be an outright lie. very common bit of conservative bit of misdirection used to hide the distributional tax cuts they're proposing. for instance, even in herman cain's explicitly progressive world of a 9/9/9 flat tax, you can imagine the wealthiest households would still pay a majority of total income tax revenue. that doesn't reflect how progressive or fair the taxation system is. it reflects just how unequal incomes are. bush did it again in the next debate too. >> my plan is that the wealthy people pay 62% of the taxes today after which they pay 64%. this is a fair plan. you know why? because the tax code is
who pays taxes ought to get tax relief. a of my plan is in place the wealthiest americans will pay a higher percentage of taxes than they do today and the poorest of americans, 6 million families, 7 million people won't pay any tax at all. >> notice the slight of hands. the wealthiest americans will pay a higher percentage of taxes than they do today. not a higher percentage of their income in taxes since that would be an outright lie. very common bit of conservative bit of misdirection...
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Oct 7, 2012
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taxes or not support a tax reduction. 94 times. that is not what we need to create jobs and really bolster and heat up our economy. we do need the private sector to be able to keep more what we're in and produce. government will have to learn to be more efficient and live with less if that is what it takes to rein in the government growth that we have seen today. but we do need tax relief and barack obama even supported increasing taxes as late as last year for those families making only 40 two thousand dollars a year. that is a lot of middle-income average american families to increase taxes on them. i think that is a way to kill jobs and will continue to harm our economy. >> the charges absolutely not true. barack obama did not vote to raise taxes. the vote this use referring to, john mccain voted the exact same way, which was a procedural vote. it did not raise taxes. no. 2, the governor uses -- john mccain voted 477 times to raise taxes. it is a bogus standard. but if you notice, the governor did not answer the question about d
taxes or not support a tax reduction. 94 times. that is not what we need to create jobs and really bolster and heat up our economy. we do need the private sector to be able to keep more what we're in and produce. government will have to learn to be more efficient and live with less if that is what it takes to rein in the government growth that we have seen today. but we do need tax relief and barack obama even supported increasing taxes as late as last year for those families making only 40 two...
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Oct 12, 2012
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we should look at how we structure tax collection and business taxes. start looking at decrease in business taxes and creating a scenario where we are the lowest in the business tax in the midwest. empowerment of our small businesses, empowerment of youth coming out of school, if we really want to make indiana stronger, what i have heard across the state is that we want to stay here and work. we have restrictions put in front of us. we have to create a scenario where when you want to go to work, there is the ability to do that. if you do not have the education, we better start helping. if we keep filling an hour detention centers, if we keep helping the biggest of the big, eliminating the ability for a fair and level playing field, we are all going to struggle. being able to give indiana back the ability to go to work, that is what i want to do for indiana. the i want to stand up and show how we have put hundreds of people to work and how we have brought back industry to indiana, how we will empower the state and carry it into the future. >> as i have t
we should look at how we structure tax collection and business taxes. start looking at decrease in business taxes and creating a scenario where we are the lowest in the business tax in the midwest. empowerment of our small businesses, empowerment of youth coming out of school, if we really want to make indiana stronger, what i have heard across the state is that we want to stay here and work. we have restrictions put in front of us. we have to create a scenario where when you want to go to...
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Oct 11, 2012
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the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you will never get that bargain. i believe there are some republicans who say you go -- if you lower the top tax rate, that you cannot produce any new revenue for government. i do not believe that. i say if we generate new revenue, then pay down the debt faster, by down the rate further. so i am not one who says he cannot generate any new revenue. there was a question a while ago about and ethanol subsidy that i have been trying to get rid of for years. we finally did. that is about $6 billion. some republicans said if you get rid of that -- it's price revenue neutral. get rid of a bad subsidy.
the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you...
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Oct 9, 2012
10/12
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if you're part of the republican consensus that says no new taxes even for the wealthiest americans, how in the world do you pay for that, and what does that 4% of gdp towards defense that we don't need, what does that do to our deficit? after all the foundation of our national security is our economic security and we have to remember that. >> thanks for your time tonight, michele. i'd like to have you back another night. >> thanks. i would be happy to do that. >> we'll be right back. >>> in election season, pundits follow the campaigns, but political scientists don't necessarily follow the campaigns. some of them instead follow this. one of the lousier determinist theories holds it doesn't matter how much the candidates are, it's really the price of gas that determines who wins the election. this theory has basically been debunked, but it is still repeated a lot any way. in the great state of california right now, gas is the most expensive it has ever been. ever. the average price of a gallon of gas in california is $4.67. you could pay as much as $6.65 per gallon. it happened all o
if you're part of the republican consensus that says no new taxes even for the wealthiest americans, how in the world do you pay for that, and what does that 4% of gdp towards defense that we don't need, what does that do to our deficit? after all the foundation of our national security is our economic security and we have to remember that. >> thanks for your time tonight, michele. i'd like to have you back another night. >> thanks. i would be happy to do that. >> we'll be...
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Oct 10, 2012
10/12
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additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close some corporate loopholes. i want to be honest with people. we can't eliminate this deficit. people have heard that over and over and over in four years. we cannot do it. we're in too deep a hole. but we can cut the deficit in half and move this country back on a path to fiscal responsibility >> 90 seconds, mr. vice president. >> the kerry record on taxes is one basically of voting for a large number of tax increases, 98 times in the united states senate. there's a fundamental philosophical difference here between the president and myself, who believe we ought to let the american people keep more
additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close...
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Oct 12, 2012
10/12
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CNBC
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debt all the taxes hiked or not, we are facing a fiscal cliff.debt all the taxes hiked or not, we are facing a fiscal cliff. everybody knows we have to fix it, but nobody knows how. i believe as we get closer to the first of january, the markets will start to react because people will be so severely impacted by that's why they call it a cliff and they'll be severely impacted and i have every hope that we can sit done and reach an agreement. >> does that mean letting the bush tax cuts expire and letting payroll tax cuts sunset? >> it means we put everything on the table. >> he's basically saying i expect markets to force us to come to an agreement. >> we think there will be a very dark moment before things actually are forced to come to fruition. we did an analysis of the fiscal cliff, we think it's about $703 billion maximum hit. that's about 4.5% of gdp. based on on various issues that we know are up on the fiscal cliff and what we know obama supports and what we think romney will support because that's a little more unclear, we think that under obama, you get about a 1% hit to gdp.
debt all the taxes hiked or not, we are facing a fiscal cliff.debt all the taxes hiked or not, we are facing a fiscal cliff. everybody knows we have to fix it, but nobody knows how. i believe as we get closer to the first of january, the markets will start to react because people will be so severely impacted by that's why they call it a cliff and they'll be severely impacted and i have every hope that we can sit done and reach an agreement. >> does that mean letting the bush tax cuts...
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Oct 13, 2012
10/12
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>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you grow the economy, you take every last dime out of the economy. you let that money stay in and circulate and grow and create the jobs necessary and build that more secure future. you cannot continue to tax your way into prosperity. you can't spend your way into prosperity. small business is the solution if you get the government off the backs. you can't in fact, have more people hired, keep those that already have jobs and expand our economy. you don't do it by raising taxes during a recession. >> well, the fact is if you want to talk about job cre
>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you...
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Oct 6, 2012
10/12
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on average, gas prices tend to be a little higher because of taxes and environmental regulations there and also the mixing, the switchover. >> that's happening with american airlines? pilots issues and seats coming undone? >> i'm not on american this afternoon, but they had to ground almost 100 flights because the seats were coming loose. they're saying, the spokesperson was saying because of the gunk in between the seats. >> like spilled soda? >> exactly. if you ever lose your pen on flight, don't put your hand down there pu's don't know what you're going to find. that is a reason why the seats are coming loose. insiders are saying it's a mechanism failure and they were trying to remold those seats so they'd be a little better. >> the time cog not be worse. the pilots having issues. >> could not be worse. hopefully get the seats taken care of. i can't imagine being on a seat, flipping backwards. might be sort of fun. >> not the kind of drama you want on a flight. >> probably right. >> see you before your flight again. thank you very much. >>> in today's one-minute playback, jimmy fall
on average, gas prices tend to be a little higher because of taxes and environmental regulations there and also the mixing, the switchover. >> that's happening with american airlines? pilots issues and seats coming undone? >> i'm not on american this afternoon, but they had to ground almost 100 flights because the seats were coming loose. they're saying, the spokesperson was saying because of the gunk in between the seats. >> like spilled soda? >> exactly. if you ever...
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Oct 9, 2012
10/12
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if you're part of the republican consensus that says no new taxes even for the wealthiest americans, how in the world do you pay for that, and what does that 4% of gdp towards defense that we don't need, what does that do to our deficit? after all the foundation of our national security is our economic security and we have to remember that. >> thanks for your time tonight, michele. i'd like to have you back another night. >> thanks. i would be happy to do that. >> we'll be right back. [ mother bear ] you're not using too much are you, hon? [ female announcer ] charmin ultra soft is so soft you'll have to remind your family they can use less. it's made with extra cushions that are soft and more absorbent. plus you can use four times less. charmin ultra soft. >>> in election season, pundits follow the campaigns, but political scientists don't necessarily follow the campaigns. some of them instead follow this. one of the lousier determinist theories holds it doesn't matter how much the candidates are, it's really the price of gas that determines who wins the election. this theory has ba
if you're part of the republican consensus that says no new taxes even for the wealthiest americans, how in the world do you pay for that, and what does that 4% of gdp towards defense that we don't need, what does that do to our deficit? after all the foundation of our national security is our economic security and we have to remember that. >> thanks for your time tonight, michele. i'd like to have you back another night. >> thanks. i would be happy to do that. >> we'll be...